Notcoin (NOT) is 3.3× the size of Hamster Kombat (HMSTR) by market capitalisation. Over the past 1 year, NOT is ahead by 19.1 percentage points (HMSTR -66.0% against NOT -46.8%). Their daily returns move loosely together (correlation 0.49 across 399 shared trading days). HMSTR has been the more volatile of the two, at 135% annualised against NOT's 104%.
HMSTRNOT
0.49over 399 shared trading days
Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.
| Metric | HMSTR | NOT |
|---|---|---|
| Max drawdown (400d) | -80.5% | -80.0% |
| Risk-adjusted return (90d) | -0.44 | 0.01 |
| Best 30 days (past year) | +121.8% | +93.4% |
| Worst 30 days (past year) | -48.9% | -46.3% |
Relative strength over 90 days: NOT outperformed HMSTR by 27.5% — measured on the HMSTR/NOT ratio, so it holds regardless of market direction.